Saudi Arabia strikes $10bn China deal

Saudi Arabia signed 35 economic cooperation agreements with China worth a total of $28bn at a joint investment forum during the visit, according to Saudi Arabia's SPA state news agency SPA.

In blow to Trump, China rejects US request to cut Iran oil imports

China has rejected a US demand to cut Iranian oil imports despite Washington’s attempts to bring down the Islamic Republic's oil sales to zero, Bloomberg reports.

China defies U.S. pressure as EU parts ways with Iranian oil

China, seeking to skirt U.S. sanctions, will use oil tankers from Iran for its purchases of that country’s crude, throwing Tehran a lifeline while...

Petrochemicals giant SABIC isn’t worried about China’s growth slowdown

The Middle East’s largest public company is expanding its investments in China despite an expected slowdown in the country’s economic growth, its CEO said Monday.

Saudi Arabia To Raise Oil Shipments To China

Saudi Arabia sealed deals with Chinese oil importers that will see the Kingdom’s exports to China rise to 1.67 million barrels daily in 2019, Reuters reports, citing a statement from state oil giant Aramco.

Trump says US ‘locked and loaded’ after Saudi Arabia attack, as oil prices soar

Donald Trump has said the US was “locked and loaded” and to ready respond to drone attacks on a petroleum processing facility in Saudi Arabia, saying the US knew who was behind them.

Erdogan’s Chinese Gamble

Turkish President Recep Tayyip Erdogan is betting big on China. The result is a Turkish government that is drifting ever deeper into China’s orbit, and away from the West.